Trend Table for IPB - Merrill Lynch & Co., Inc. 6.0518% Index Plus Trust Certificates Series 2003-1

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Current Trend Strength: Weak or Absent
Date Grade ADX Long Term Intermediate Term Short Term % Chg
Oct 17 D Weak or Absent Up Down Down -1.38%
Oct 15 C Weak or Absent Up Flat Down -2.46%
Oct 11 C Weak or Absent Up Up Down -2.61%
Oct 9 C Weak or Absent Up Flat Down -2.31%
Oct 3 C Weak or Absent Up Up Flat -3.37%
Oct 2 C Weak or Absent Up Up Flat -3.37%
Oct 1 B Weak or Absent Up Up Flat -4.30%
Sep 30 C Weak or Absent Up Up Flat -3.51%
Sep 26 C Weak or Absent Up Up Flat -3.37%
Sep 25 C Weak or Absent Up Up Down -3.04%
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